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Malaysian developer IOI Properties to launch RM7.58 billion REIT by Q4.
Malaysian developer IOI Properties plans to launch a real estate investment trust (REIT) valued at RM7.58 billion, featuring assets like IOI City Mall and W Kuala Lumpur.
The company aims to list the REIT by the fourth quarter, potentially raising RM1.98 billion, with the proceeds used to reduce debt and strengthen financial flexibility.
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El desarrollador malayo IOI Properties lanzará un REIT de RM7.58 mil millones en el cuarto trimestre.